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AsiaMedic soars as new stakeholder emerges

Stock surges a further 18% on Thursday after leaping 64% the day before

Prisca Ang

Published Thu, Jun 4, 2015 · 09:50 PM

Singapore

ASIAMEDIC's shares jumped 18.2 per cent to close at 13 Singapore cents on Thursday, two days after it announced the emergence of a new controlling stakeholder.

Following the news on Tuesday, the healthcare company's shares leapt 64 per cent to close at 11 cents on Wednesday.

This was up 4.3 cents from the closing price of 6.7 cents …

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Companies & Markets

Companies & Markets

AsiaMedic soars as new stakeholder emerges

Prisca Ang

Companies & Markets

Wilmar appoints former minister George Yeo as independent non-executive director

UOB Kay Hian says ‘disadvantageous’ to reveal details of key management’s remuneration

Deutsche Bank has cut dozens in Asia private banking overhaul

Middle East violence heightens market fears of rate hikes, inflation

Tokyo's Nikkei drops more than 1,000 points, most in 3 years

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

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